Ferrellgas Partners (OTCMKTS:FGPR) Shares Gap Up – Still a Buy?

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $21.85, but opened at $22.45. Ferrellgas Partners shares last traded at $22.50, with a volume of 1,161 shares traded.

Ferrellgas Partners Trading Up 1.5%

The company has a 50 day moving average of $22.26 and a 200 day moving average of $23.89. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of -26.41 and a beta of 2.99.

About Ferrellgas Partners

(Get Free Report)

Ferrellgas Partners, L.P. is a publicly traded master limited partnership that operates through its subsidiary, Ferrellgas, L.P., to distribute propane and related products and services. The company supplies propane for residential heating, cooking and agricultural uses, as well as for commercial, industrial and motor-fuel applications.

Its operations include the distribution of propane in bulk and cylinders, propane tank and equipment services, and the exchange of portable propane cylinders through the Blue Rhino brand.

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